Brooklyn Park

13 Helenslea Avenue

20

10

9

Western suburbs Investment Opportunity in Adelaide

A rare investment holding and conveniently located between the CBD and the beach, this two-storey block of 10 units is a sound investment for those chasing solid rental yields with potential for future capital growth. Offering the best of metropolitan living, it provides quick accessibility to Ikea; Adelaide International airport, Harbour Town shopping precinct and newly developed Henley Square.

Investment details:

+ Two story block of 10 units (two bedroom; 1 bath) all with carport parking
+ Fully occupied and currently rented at approx. $107,000 gross/annum
+ Single Torrens title on 1048sqm (approx.) with a 34m frontage
+ Passive investment; sit back and collect the rent
+ 10 minute drive to CBD and the beach
+ Short walk to a transport corridors on Sir Donald Bradman Drive
+ Options galore with future development potential (STCC)
+ Zoned – Residential Policy area 20 (City of West Torrens)
+ Moments to Harbour Town Shopping Centre, Ikea and Adelaide Airport


Need finance?
1st City’s Fund + Protect has the expertise, knowledge and accreditation to help you with sourcing and structuring basic to complex facilities (including trusts).
Contact John Ganderton on john.ganderton@1stcity.com.au or Adam Rakowski on adam.rakowski@1stcity.com.au
(ACL 485034)

Agent Contact Details

  • Brad Caldwell-Eyles

    m0414 246 625 p(02) 9326 1299

For Sale

$1,733,000

Property Type

BlockOfUnits

Size

1040 sqm approx

Resources

Expected Buyer Interest*

$1,654,242
$1,733,000
$1,815,508
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* The mean value of this bell graph is equal to the mean value of our estimate of price range provided to the vendor.